The Applicant, Ursa Major Minerals Incorporated, applied to the Ontario Securities Commission and the Alberta Securities Commission for a decision that it is no longer a reporting issuer.
The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and its securities are not traded on any marketplace.
The Commission granted the requested relief, ordering that the Applicant is not a reporting issuer.